About Forex Trend Company
Forex Trend Company has been a prominent player in the financial markets for more than a decade, offering a diverse array of services. The company’s headquarters were situated in the vibrant city of Dnipro.
Over the years, Forex Trend Company facilitated trading in currency pairs and stock indices for both institutional and individual investors, catering to the diverse needs of traders and capital providers. The company was legally registered in Auckland, New Zealand.
The company boasted a network of six offices in key Ukrainian cities, along with branches in the Czech Republic and Slovakia. It operated under a license granted by the Financial Service Providers Register.
Forex Trend Company provided four distinct types of trading accounts to its clients:
- Standard account with a minimum deposit of $20
- ECN account requiring a minimum deposit of $200
- PAMM account option
- PAMM Index account offering
Trading activities were executed with a maximum leverage of 1:100, with fixed spreads starting from 0.4 pips on major currency pairs.
In addition to currency pairs, the company also offered trading opportunities in oil, precious metals, and global stock indices. The trading platforms included MetaTrader 4 variants such as MT4 Mobile Smartphone Edition and MT4Mobile.
For individuals new to trading, Forex Trend Company provided demo accounts with virtual funds for practice. Their website was accessible in multiple languages, and customer support was available via forums, online chat, email, or phone.
The company’s key benefits encompassed:
- Automated trading solutions
- Access to PAMM accounts
- Engaging bonus programs
- Strong customer loyalty initiatives
- Provision of exclusive market insights
- Exciting trading contests
For fund withdrawals, the company supported various payment systems, including:
- WebMoney
- LiqPay
- Yandex.Money
- Qiwi
- Contact
- RBK-Money
- WebCreds
- Direct transfer to plastic cards
It is important to note that, as per the Center for Regulation of Financial Instruments, Forex Trend Company has been flagged as a fraudulent operation and has been added to the blacklist due to challenges in meeting its client obligations. Thus, potential investors are advised to exercise caution and avoid engaging with this particular company.
This review has been prepared by the specialists at ExpertsReview.